the profit earned on selling article at ₹720 is half of the loss incurred on selling the same article at ₹360. what is the cost pr

1 thought on “the profit earned on selling article at ₹720 is half of the loss incurred on selling the same article at ₹360. what is the cost pr”

1. Let cost price = Rs. X

   Profit = Rs. (730 – x)

   Loss = Rs. (x – 255)

   According to question

   730 – x = 2×(x−265)

   730 – x = 2x – 530

   3x = 1260

   x = 420

   Required selling price = 420×115100=Rs.483

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